YRC Worldwide

Yellow Corporation Reports Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Thursday, February 9, 2023

Yellow Corporation will host a conference call with the investment community today, Thursday, February 9, 2023, beginning at 4:30 p.m.

Key Points: 
  • Yellow Corporation will host a conference call with the investment community today, Thursday, February 9, 2023, beginning at 4:30 p.m.
  • EBITDA is a non-GAAP measure that reflects the company’s earnings before interest, taxes, depreciation, and amortization expense.
  • EBITDA and Adjusted EBITDA are used for internal management purposes as a financial measure that reflects the company’s core operating performance.
  • We compensate for these limitations by relying primarily on our GAAP results and using our non-GAAP measures as secondary measures.

Yellow Corporation Schedules Fourth Quarter and Full Year 2022 Earnings Conference Call

Retrieved on: 
Thursday, January 26, 2023

NASHVILLE, Tenn., Jan. 26, 2023 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ: YELL) announced today that on Thursday, Feb. 9, 2023, at 4:30 p.m.

Key Points: 
  • NASHVILLE, Tenn., Jan. 26, 2023 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ: YELL) announced today that on Thursday, Feb. 9, 2023, at 4:30 p.m.
  • ET, company executives will host a conference call with the investment community to discuss fourth quarter and full year 2022 results.
  • The financial results will be released the same day, Feb. 9, 2023, after the market close.

Yellow Corporation Driving Academies Graduate 1,000 CDL Drivers

Retrieved on: 
Thursday, January 19, 2023

Nashville, Tenn., Jan. 19, 2023 (GLOBE NEWSWIRE) -- In its effort to help train the next generation of professional truck drivers, Yellow Corporation (NASDAQ: YELL) is proud to announce it graduated more than 1,000 CDL apprentices from its network of Driving Academies in 2022.

Key Points: 
  • Nashville, Tenn., Jan. 19, 2023 (GLOBE NEWSWIRE) -- In its effort to help train the next generation of professional truck drivers, Yellow Corporation (NASDAQ: YELL) is proud to announce it graduated more than 1,000 CDL apprentices from its network of Driving Academies in 2022.
  • While expanding its Driving Academy program to 21 locations across 16 states, Yellow set the 1,000-graduate goal in early 2022.
  • On Dec. 22, the graduation of six student drivers from Yellow’s South Bend, Ind.
  • Yellow’s Driving Academies are tuition-free for all participants, and student apprentices are paid an hourly wage for their work throughout the program.

Yellow Corporation Names Annlea Rumfola Chief Information Officer

Retrieved on: 
Monday, December 12, 2022

Nashville, Tenn., Dec. 12, 2022 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ: YELL) announces the appointment of Annlea Rumfola as its new Chief Information Officer.

Key Points: 
  • Nashville, Tenn., Dec. 12, 2022 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ: YELL) announces the appointment of Annlea Rumfola as its new Chief Information Officer.
  • She will oversee all information technology teams, systems, processes and support functions at Yellow, reporting directly to CEO Darren Hawkins.
  • Rumfola brings an extensive background in technology leadership from Cardinal Health Inc., where she most recently served as senior vice president of information technology for the health care company’s medical segment.
  • “Annlea has a tremendous amount of experience integrating technology into a single platform, which we have successfully done at Yellow,” Hawkins said.

Yellow Corporation Provides Quarter-To-Date Operating Data for Fourth Quarter 2022

Retrieved on: 
Friday, December 9, 2022

In the fourth quarter 2022, the Company closed on the sale of one of these terminals for a price of approximately $31.0 million and a resulting gain of approximately $26.0 million.

Key Points: 
  • In the fourth quarter 2022, the Company closed on the sale of one of these terminals for a price of approximately $31.0 million and a resulting gain of approximately $26.0 million.
  • The net proceeds were used to pay down a portion of the term loan.
  • “However, the LTL yield environment remains favorable and our Company’s long-term strategy remains on track as we work to complete the transformation to One Yellow.
  • Yellow operates one of the largest, most comprehensive logistics and less-than-truckload (LTL) networks in North America, providing customers with regional, national, and international shipping services throughout.

Yellow Corporation Earns 2023 Military Friendly® Employer Designation and NDTA Corporate Distinguished Service Award

Retrieved on: 
Friday, November 18, 2022

Nashville, Tenn., Nov. 18, 2022 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ: YELL) has been awarded the Military Friendly Employer designation and has also received the National Defense Transportation Association (NDTA) Corporate Distinguished Service Award.

Key Points: 
  • Nashville, Tenn., Nov. 18, 2022 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ: YELL) has been awarded the Military Friendly Employer designation and has also received the National Defense Transportation Association (NDTA) Corporate Distinguished Service Award.
  • Companies earning the Military Friendly Employers designation elevate the standard for military programs globally; they have invested in substantive programs that promote positive outcomes for service members, military spouses, and veterans within their organizations, said Kayla Lopez, Director of Military Partnerships at Military Friendly.
  • Its an honor to once again be recognized as a Military Friendly Employer, said Yellow CEO Darren Hawkins.Our veterans programs are robust and were growing them every year.
  • At the NDTAs annual meeting in October, Yellow received the Corporate Distinguished Service Award for its support of the NDTA Foundation .

Pendo Sees Major Customer Expansion in Third Quarter as Companies Turn to their Products to Drive Efficient Growth

Retrieved on: 
Thursday, November 17, 2022

RALEIGH, N.C., Nov. 17, 2022 /PRNewswire/ -- Pendo, the most comprehensive product experience platform, today announced highlights from its third quarter, which ended October 31, 2022. Notable milestones include record attendance for its Pendomonium conference, strong interest in Pendo's Product-Led Certification course, the launch of powerful new analytics, in-app guidance and machine learning features, and continued customer and revenue growth. More than 7,000 companies now use Pendo to provide better software experiences to 600 million people every month.

Key Points: 
  • More than 7,000 companies now use Pendo to provide better software experiences to 600 million people every month.
  • We're seeing more companies leverage their digital products to become more efficient, especially in the current economic conditions," said Todd Olson, CEO and co-founder of Pendo.
  • Highlights of the quarter include:
    Revenue and customer growth: Pendo's growth in Q3 was driven by existing customer expansion, free-to-paid conversions, and continued momentum in the Asia-Pacific region.
  • Through Mind the Product and customer communities, sponsored events and a podcast, Pendo aims to support the success of product and digital leaders everywhere.

Yellow Corporation to Present at Stephens Annual Investment Conference

Retrieved on: 
Wednesday, November 9, 2022

ET, at the Stephens Annual Investment Conference in Nashville.

Key Points: 
  • ET, at the Stephens Annual Investment Conference in Nashville.
  • This event will be available on the Yellow Corporation website www.myyellow.com as a live audio webcast and as a replay for 30 days.
  • Yellow operates one of the largest, most comprehensive logistics and less-than-truckload (LTL) networks in North America, providing customers with regional, national, and international shipping services throughout.
  • Yellows principal office is in Nashville, Tenn., and is the holding company for a portfolio of LTL brands including Holland, New Penn, Reddaway, and YRC Freight, as well as the logistics company Yellow Logistics .

C2FO Expands Leadership Team With Addition of Chief Credit Officer and Chief Accounting Officer

Retrieved on: 
Tuesday, November 8, 2022

KANSAS CITY, Colo., Nov. 8, 2022 /PRNewswire/ -- C2FO, the world's on-demand working capital platform, announced the addition of two new executive roles to its leadership team, naming Dan Karas as its first chief credit officer and promoting Controller Bri Simoneau as the first chief accounting officer. Karas brings extensive leadership experience in lending and risk management, and Simoneau brings deep knowledge and experience in financial controls and reporting. Both executives will be essential as C2FO continues to enhance its business and overall global footprint.

Key Points: 
  • KANSAS CITY, Colo., Nov. 8, 2022 /PRNewswire/ -- C2FO , the world's on-demand working capital platform, announced the addition of two new executive roles to its leadership team, naming Dan Karas as its first chief credit officer and promoting Controller Bri Simoneau as the first chief accounting officer.
  • In her role as Chief Accounting Officer, she will continue to build the talent within the accounting function and implement controls and processes required to grow and scale our global business."
  • As chief credit officer, Karas will oversee all credit functions within C2FO's Capital Finance business, collections and loan procedures and processing mitigation of the risks surrounding a loan portfolio.
  • As chief accounting officer, Simoneau will oversee all areas of accounting, including consolidation, reporting, revenue and treasury management, and tax compliance.

Yellow Corporation Schedules Third Quarter 2022 Earnings Conference Call

Retrieved on: 
Thursday, October 13, 2022

NASHVILLE, Tenn., Oct. 13, 2022 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ: YELL) announced today that on Wednesday, Nov. 2, 2022, at 4:30 p.m.

Key Points: 
  • NASHVILLE, Tenn., Oct. 13, 2022 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ: YELL) announced today that on Wednesday, Nov. 2, 2022, at 4:30 p.m.
  • ET, company executives will host a conference call with the investment community to discuss third quarter 2022 results.
  • The financial results will be released the same day, Nov. 2, 2022, after the market close.
  • Yellow operates one of the largest, most comprehensive logistics and less-than-truckload (LTL) networks in North America, providing customers with regional, national, and international shipping services throughout.